The federal government paid BRL 977.63 million in state arrears in August, according to the Report on Guarantees Honored by the Union in Credit Operations and Recovery of Counter-guarantees, released today (8) by the National Treasury. Of the total, R$ 336.99 million are debts not paid by the state of Maranhão; R$255.41 million from Goiás, R$118.50 million from Rio de Janeiro, R$107.41 million from Alagoas, R$105.62 million from Piauí and R$53.69 million from Rio Grande do Sul. 
This year, there are already R$ 6 billion in debts of subnational entities honored by the Union. Those with the highest amounts honored were the states of Rio de Janeiro (R$ 2.02 billion), Minas Gerais (R$ 1.9 billion) and Goiás (R$ 978.44 million).
Since 2016, the Union has paid BRL 47.91 billion in secured debt. In addition to the monthly report, the National Treasury also provides the Dice on the Honorable Warranty Panel.
The guarantees represent the assets offered by the Union – represented by the National Treasury – to cover possible defaults on loans and financing from states, municipalities and other entities with national banks or foreign institutions, such as the World Bank and the Inter-American Development Bank (IDB). As the guarantor of the operations, he is informed by the creditors that a certain installment of the contract has not been settled.
If the entity does not fulfill its obligations within the stipulated period, the Treasury compensates for the defaults, but deducts the amount covered with ordinary federal transfer blocks, in addition to preventing new financing. There are cases, however, of blocking the execution of counter-guarantees from the adoption of a tax recovery regime or through court decisions that suspended execution.
In 2022, the Union recovered BRL 45.13 million in counter-guarantees. The amount refers to debts paid in the state of Rio Grande do Norte (R$ 29.35 million) and Minas Gerais (R$ 15.78 million). Since 2016, the amount recovered is BRL 5.43 billion.
